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Which person is likely to pay the highest interest rate on a loan?
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A person with a low credit score is likely to pay the highest interest rate on a loan.
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Which person is likely to pay the highest interest rate on a loan?
A. A person who makes the minimum payment on time each month.
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Which person is likely to pay the highest interest rate on a loan?
A. A person who makes the minimum payment on time each month.
1 answer
Which person is likely to pay the highest interest rate on a loan?
A person who pays off their entire balance each month. A
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Suppose a person pays $80 of annual interest on a loan that has a 5 percent annual interest rate. The loan
amount is: A. $400. B.
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